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Jan 3, 2013
01/13
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they would have leverage because of the debt ceiling. but it cuts both ways. bret explained there were technical issues there earlier but the fact of the matter is the president can stand back to say the irresponsible republicans are playing with our nation's credit. a lot of political oomph to that. it would be risky for them. >> on the flip side, every poll you ask about concern about the debt, passing on all of this to your kids or grand kids, is still out there. that there is concern about it. it's just, how you phrase it. how do that play? >> we have history on this. a debt ceiling debacle. in july of august of 2011. it's true that republicans in house took a hit in public opinion. but so did obama. people expect him to be a leader. if you have an injury to our credit rating, they will say yes. of course, republicans in the house. he gets hurt on that. it's equal. unequal on the fiscal cliff. the republicans have to be united but not only in the prescription approximately. unite on what they want. on plan "a" or "b" or "c." it's not all ad hoc. it can be
they would have leverage because of the debt ceiling. but it cuts both ways. bret explained there were technical issues there earlier but the fact of the matter is the president can stand back to say the irresponsible republicans are playing with our nation's credit. a lot of political oomph to that. it would be risky for them. >> on the flip side, every poll you ask about concern about the debt, passing on all of this to your kids or grand kids, is still out there. that there is concern...
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Aug 27, 2013
08/13
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ceiling and cut a deal that there would be spending cuts by a super committee at the end of november because they hadn't done their job. they hasn't done a budget. >> and the super committee didn't do its job and then from december or january, february, nobody bothered to do anything. waited for the sequester cuts to go into effect. now they're all blaming sequester but they're the reason for the sequester in the beginning. >> you're absolutely right and if you look at what happened with federal government spending, it's a minuscule deduction or lessening of federal government spending from about 3.45 trillion to 3.44 trillion. so it's not a lot that we have seen. and really when you understand the baseline budget system that they use over here on capitol hill, you're talking about a cut often of -- >> of an increase. it's not a real cut. the washington cut. >> absolutely. so, you know, many people say we need to go to a zero base budget. you know, i think that, you know, we need to start looking at why can't we go back to a spending level, i don't know, 2006, 2007 so that we can sta
ceiling and cut a deal that there would be spending cuts by a super committee at the end of november because they hadn't done their job. they hasn't done a budget. >> and the super committee didn't do its job and then from december or january, february, nobody bothered to do anything. waited for the sequester cuts to go into effect. now they're all blaming sequester but they're the reason for the sequester in the beginning. >> you're absolutely right and if you look at what happened...
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Oct 22, 2013
10/13
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ceiling, don't cut spending, don't do anything about entitlements and at the end of the day the political establishment won, americans lost and they're upset about it. >> woodruff: we saw, as i just mentioned, it's not just the majority of americans, it's the majority of republicans and the majority of tea party members who say they think it was a mistake to use a threat to not raise the debt ceiling to shut down the government and that republicans made a mistake and hurt themselves. >> well, there are folks that probably went back home trying to explain why they -- particularly if they were in the u.s. senate who did nothing for three years to roll back obamacare and i understand the difficulty explaining that but the kansans i talked to and the americans i talk to about the rest of the nation they're concerned about the future. they're not worried about the next election, they're saying what are you doing about obamacare to make sure you make it fair, if you're going to give an exemption to big business, mr. president, give it to the rest of the americans. that was part of the deal we t
ceiling, don't cut spending, don't do anything about entitlements and at the end of the day the political establishment won, americans lost and they're upset about it. >> woodruff: we saw, as i just mentioned, it's not just the majority of americans, it's the majority of republicans and the majority of tea party members who say they think it was a mistake to use a threat to not raise the debt ceiling to shut down the government and that republicans made a mistake and hurt themselves....
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Jan 7, 2013
01/13
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and this is going to be used, the debt ceiling is going to be used to get cuts. mitch mcconnell has said something similar. so you have the president saying one thing, but those in the house and senate, the republican leaders, saying something completely different. >> shannon: yeah, they think this is going to be all about spending ab that's the comfort. house minority leader nancy pelosi saying hey, we're not done talking about revenue, there could be tax increases with part of this negotiation. >> and the president himself said in the midst of the fiscal cliff deal when it looked like a deal, that this does not end the tax debate, but the the republicans say, that you know, there's 80 trillion dollars in unemployment liabilities no matter what you do in taxes, that's not going to solve where the problem is, which is medicare, social security, and medicaid, entitlement reform and they gave in, they thought on raising taxes and revenue and want to focus pretty much exclusively on entitlement spending. >> jamie weinstein, it's going to be an interesting couple of
and this is going to be used, the debt ceiling is going to be used to get cuts. mitch mcconnell has said something similar. so you have the president saying one thing, but those in the house and senate, the republican leaders, saying something completely different. >> shannon: yeah, they think this is going to be all about spending ab that's the comfort. house minority leader nancy pelosi saying hey, we're not done talking about revenue, there could be tax increases with part of this...
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Jan 5, 2013
01/13
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he's defending increased tax revenue and spending cuts. to be a part of the debt ceiling debate. spending cuts must be balanced with reforms to our tax code. the wealthest and biggest corporations shouldn't take of loop holes and deductions. it is settled when they raised taxes on the rich . now they want to focus on spending cuts . they are likely to have more leverage . the if the is democrats refuse to take a meaningful statement to make washington live within its mean. that fails to acknowledge what every family knows. when you have no more money in the account and credit cards are maxed stop. that made employers less likely to hire. we can't afford that uncertain ty even with the threat of a default. it could trigger a global recession . >> tomorrow on fox news sunday. john roberts with chris wallace . his guest republican jim jordan from ohio and democratic chris van hollen. check your time for times. >> fox news confirms that and it is chuck haggerty. and james rosen has this report. >> jamie, good evening. two democratic sources confirm to ed henry late yesterday that pre
he's defending increased tax revenue and spending cuts. to be a part of the debt ceiling debate. spending cuts must be balanced with reforms to our tax code. the wealthest and biggest corporations shouldn't take of loop holes and deductions. it is settled when they raised taxes on the rich . now they want to focus on spending cuts . they are likely to have more leverage . the if the is democrats refuse to take a meaningful statement to make washington live within its mean. that fails to...
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cuts. >> is there still any attempt to get the debt ceiling included in this? is anybody talking about that anymore or that definitely kicked down the road. >> if you add spending cuts, diane that is the problem democrats will have. add the debt ceiling this and we opened up all this again. >> rich edson live from d.c. great reporting as always. >> thanks, diane. >> that is the latest on the fiscal cliff negotiations in washington. we'll be back at the top of the hour and of course we will break in anytime as we get more news for you. fox business will be live tomorrow morning at 5:00 a.m. eastern for special coverage as the markets in the u.s. open and start reacting to all this. i'm diane macedo. we return you regular programing. >> this is has been a fox business special report. we now return you to your regularly scheduled programing. gerri: medicare. the largest expenditure in the federal budget, our country's debt problems deepening by the day but many democrats fail to acknowledge elephant in the room. our next guest says there's a lot of tough talk and
cuts. >> is there still any attempt to get the debt ceiling included in this? is anybody talking about that anymore or that definitely kicked down the road. >> if you add spending cuts, diane that is the problem democrats will have. add the debt ceiling this and we opened up all this again. >> rich edson live from d.c. great reporting as always. >> thanks, diane. >> that is the latest on the fiscal cliff negotiations in washington. we'll be back at the top of the...
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Jan 14, 2013
01/13
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that we will raise the debt ceiling dollar for dollar on spending cuts. there are a whole set of rules that have been established that are impossible to be without doing severe damage to the economy. what we are not going to do is put ourselves in a position where in order to pay for spending that we have already incurred, that our two options will either be profoundly hurt the economy and hurt middle-class families and hurt seniors and her kids who are trying to go to college or alternatively we will blow up the economy. we are not going to do that. [inaudible question] >> they will have to send me something that is sensible. we shouldn't be doing this on a123 month timeframe. why would we do that? this is america. i do not think anyone would consider my position unreasonable here. [inaudible question] >> major, i am happy to have a conversation about how we reduce our deficit. i will not have a monthly or every three months conversation about whether or not we pay our bills. that in and of itself, does severe damage. even the threat of default hurts our
that we will raise the debt ceiling dollar for dollar on spending cuts. there are a whole set of rules that have been established that are impossible to be without doing severe damage to the economy. what we are not going to do is put ourselves in a position where in order to pay for spending that we have already incurred, that our two options will either be profoundly hurt the economy and hurt middle-class families and hurt seniors and her kids who are trying to go to college or alternatively...
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Jan 18, 2013
01/13
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we are talking about the debt ceiling. versus spending cuts. chief congressional correspondent mike emanuel reports on the house g.o.p. winter retreat in virginia. >> at the house g.o.p. retreat in williamsberg, virginia, the leaders decided they will pass three-month temporary increase to give them time to finalize a budget. speaker boehner said before there is long-term debt limit increase a budget should be passed that cut spending. the house g.o.p. whip hinted at the strategy. >> our hope is to pass something early so the senate can take action as well. i wouldn't be jeopardizingor economy there. it shows it's a rational, put us on a better path. and i would hi the american public could support it and the senate as well. >> fox news poll reveals 83% think government spending is out of control. up five points from two years ago. 69% of those surveyed say the debt limit should only be raised after major cuts. aides to the number two senate republicans does not support giving president obama a blank check but told "houston chronicle" editorial
we are talking about the debt ceiling. versus spending cuts. chief congressional correspondent mike emanuel reports on the house g.o.p. winter retreat in virginia. >> at the house g.o.p. retreat in williamsberg, virginia, the leaders decided they will pass three-month temporary increase to give them time to finalize a budget. speaker boehner said before there is long-term debt limit increase a budget should be passed that cut spending. the house g.o.p. whip hinted at the strategy....
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Jan 6, 2013
01/13
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. >> we have yet to cut one dime from the last debt ceiling agreement and it's time to do it again. we've got to stop the madness. this is the 18-year-old kid on the credit card. they maxed out the card and instead of cutting it up and putting them on a budget, obama says give them a new credit card. >> yes, we have to do more cuts. the president's been clear, he put on the table $1.2 trillion in cuts proposal combined with $1.2 trillion of revenue. the only reason we weren't able to do forward is house republicans decided not to follow speaker boehner. >> john roberts is filling in on "fox news sunday" for chris wallace. great to see you. >> great to see you too. if that discussion is any indication, the next eight weeks are going to go interest on capitol hill with a lot of fur flying. >> can you see them agreeing on anything? >> absolutely not. mitch mcconnell laid down a marker saying we're done with the revenue side. we're not accepting any revenue generated off the backs of the american public. the president is saying i want more, i want another $600 billion as chris van holla
. >> we have yet to cut one dime from the last debt ceiling agreement and it's time to do it again. we've got to stop the madness. this is the 18-year-old kid on the credit card. they maxed out the card and instead of cutting it up and putting them on a budget, obama says give them a new credit card. >> yes, we have to do more cuts. the president's been clear, he put on the table $1.2 trillion in cuts proposal combined with $1.2 trillion of revenue. the only reason we weren't able...
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Oct 11, 2013
10/13
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it would end the shutdown, increase the debt ceiling by six months. that is a big difference in the six weeks on the house side. it does keep the sequester, those forced cuts, spending cuts, in place. and that is something this the democrats deeply oppose. i want to bring jones into the discussion here on capitol hill. how are democrats reacting to the senate snaide here of the republican plan? any more likelihood that could be something the two sides could agree on? >> hi. well, that's another big question mark here. we've got these different competing plans. we just heard from the chairman of the house democratic caucus that they are still focused on house speaker john boehner bringing to the house floor a clean spending bill. and that's not even really part of the discussion here. what's part of the discussion right now is this bill, this idea, this plan that house republicans presented to the president yesterday. the president -- the white house showing they were please with the fact that these talks are going on. the rhetoric has been dialled bac
it would end the shutdown, increase the debt ceiling by six months. that is a big difference in the six weeks on the house side. it does keep the sequester, those forced cuts, spending cuts, in place. and that is something this the democrats deeply oppose. i want to bring jones into the discussion here on capitol hill. how are democrats reacting to the senate snaide here of the republican plan? any more likelihood that could be something the two sides could agree on? >> hi. well, that's...
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Oct 9, 2013
10/13
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without any spending cuts. >> we can't raise the debt ceiling without doing something about what is driving us to borrow more money and live beyond our means. the idea that seshd raise spending and give the bill to our kids and grand kids would be wrong. >> both the president and house speaker boehner are facing two political stations. they are taking a beating over the shut down but what the president is planning on doing raising the national debt to well over $18 trillion. >> doug luzader reporting live for us. eight are arrested at an immigration rally at the capitol. they were booked for blocking main street. filmmaker was on kelly files. >> what i saw today was not only sad but despicable. you are saying you are rolling back to last week. i have been here all week. i am telling you it has only gotten worse. today i watched thousands of illegal immigrants walk right through the mall nobody stopping them -- i am wrong. there was one gate with a sign that said don't come in. when you went to the memorial the gates are still up. they are still not getting in. the only way you can g
without any spending cuts. >> we can't raise the debt ceiling without doing something about what is driving us to borrow more money and live beyond our means. the idea that seshd raise spending and give the bill to our kids and grand kids would be wrong. >> both the president and house speaker boehner are facing two political stations. they are taking a beating over the shut down but what the president is planning on doing raising the national debt to well over $18 trillion....
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ceiling in and get a credit rating but not cut spending. in the and you have to pass bills that reform the entitlement programs. there is no substitute. lou: when i said just let it unfold, what i meant was sequestration, do as you well. i personally think the republicans signed up for an idiotic sequestration. they allowed the federal -- the defense budget to take up 50% instead of the 20% that it represents and the federal budget so it has a disproportionate burden on already. that was completely in ignoramus who came up without one. the second pt of the steel, they go around preaching about where or to have to do, this, that, cut. just let it go. just let it go and see what happens. because americans don't really get it. all the republicans look like a bunch of stodgy orthodox camino, members of an orthodoxy here st simply cannot resist saying no. if that's your idea, mr. president, it's your deal. let it rip. >> well, i men, if it were not for the consequences of letting this administration and the autopilot that we are on for spending
ceiling in and get a credit rating but not cut spending. in the and you have to pass bills that reform the entitlement programs. there is no substitute. lou: when i said just let it unfold, what i meant was sequestration, do as you well. i personally think the republicans signed up for an idiotic sequestration. they allowed the federal -- the defense budget to take up 50% instead of the 20% that it represents and the federal budget so it has a disproportionate burden on already. that was...
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Oct 17, 2013
10/13
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they don't believe in raising the t debt ceiling without cuts in spending, without conditions from the other party. they don't believe in funding the government without a discussion, without even a discussion on the state of this country's finances. yet that's exactly what they are doing. the republican party took hits in this context the t of this negotiation. its approval rating and when it comes to how it is handling the nation's finances, the it is 74% of americans now disapprove of the way they are handling washington's budget crisis. the president took a hit with his approval ratings sinking to 37% according to polls. that's the status of things in washington tonight. we can see it one more time. the nation's debt continuing to roll up as the numbers roll in. there you have it. almost $17 trillion. no one's talking about what we are going to do about that. no one's talking about that. with eel re sense of humor the discussion when we have a live broadcast tonight, not a repeat, at 12:00 a.m. midnight. we'll look at what happened in washington today. our coverage continues now wit
they don't believe in raising the t debt ceiling without cuts in spending, without conditions from the other party. they don't believe in funding the government without a discussion, without even a discussion on the state of this country's finances. yet that's exactly what they are doing. the republican party took hits in this context the t of this negotiation. its approval rating and when it comes to how it is handling the nation's finances, the it is 74% of americans now disapprove of the way...
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Sep 22, 2013
09/13
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ceiling and given up something. so why now? >> because the coverage is there. there is no more cuts to make. it's really important that people understand that. we all want to reduce the deficit. remember this, president obama, when he became president, he said i'm going to cut the deficit in half in four years. he did it in four years and three months. he did that. he's on a path to deficit reduction. we're all commit the to that. put everything on the table. review it. but you cannot have any more cuts just for the sake of cuts. right now you're taking trophies. >> not entitlements. you don't want to touch entitlements. >> we want to prolong entitlements. we're not going to sit at a table for people who say social security has no place in a free society. that's what they do. >> john boehner doesn't do that. he doesn't say i i wawant to ged of social security. >> yeah they do. this isn't odd person out in the caucus. this is in the ranks of the leadership. and by the way -- by the way, voucherizing of medicare is in
ceiling and given up something. so why now? >> because the coverage is there. there is no more cuts to make. it's really important that people understand that. we all want to reduce the deficit. remember this, president obama, when he became president, he said i'm going to cut the deficit in half in four years. he did it in four years and three months. he did that. he's on a path to deficit reduction. we're all commit the to that. put everything on the table. review it. but you cannot...
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Apr 14, 2013
04/13
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whether you have two separate deals one on cutting the budget and one raising the debt ceiling, republicans won't raids the debt ceiling without anything in return. the president knows that. the fact they're talking and that didn't happen before, and maybe partisanship is coming back. there is more bipartisan than last year. >> eric: let me add this. >> jamie: republicans may get something they don't want, the higher taxes. again. >> right. >> jamie: is that a deal-breaker? how do they come together on that? >> the republicans, they would raise some taxes. they say if you are going to use the revenue to lower other taxes. another discussion is tax reform. the republicans say that the president wants to to away with sequestration. and the republicans are not going to do away with that anytime soon. so there are many, many hurdles to overcome. but on medicare and taxes, we start to see some common ground. it will have to be a lot more in the coming weeks to get any type of grant bargain. >> at the same time that there is more spending in this budget. we know how everyone feels about that, i a
whether you have two separate deals one on cutting the budget and one raising the debt ceiling, republicans won't raids the debt ceiling without anything in return. the president knows that. the fact they're talking and that didn't happen before, and maybe partisanship is coming back. there is more bipartisan than last year. >> eric: let me add this. >> jamie: republicans may get something they don't want, the higher taxes. again. >> right. >> jamie: is that a...
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Oct 14, 2013
10/13
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raise the debt ceiling, reopen the parts of the government that are closed and included spending cuts and mandatory health care ts as well. house republicans say they're waiting for a sponse from the white house on all of this. right now you have this sense in shington where their rhetoric has been gile down. folks in theouse are letting th negotiators for congressional leaders andhe3 white house talk this one out. there's a separate track going on in the scent. a number of republicans floating their own plans looking for democrats to sign on board which would closor open the governme for another year or fund the government for another year, raise t debeiling for short-termn the medical device tax and health care law. the number of proposals floating around that these white hse house republican negotiations are really the primary track right here. waiting to see. i have to tell you, democrats and republicans have been stuck on issues of taxes, revenues, government spending for years now. there are some certain things that they ccn do within that where they sort of agree and will be wi
raise the debt ceiling, reopen the parts of the government that are closed and included spending cuts and mandatory health care ts as well. house republicans say they're waiting for a sponse from the white house on all of this. right now you have this sense in shington where their rhetoric has been gile down. folks in theouse are letting th negotiators for congressional leaders andhe3 white house talk this one out. there's a separate track going on in the scent. a number of republicans floating...
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Feb 5, 2013
02/13
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obama suggested it in negotiations in the debt ceiling in 2011 but now he doesn't want any domestic cuts. he's not somebody who wants cuts anywhere, anytime and this will be forced on him and on the pentagon cuts which he thought the republicans would avoid. he's the commander in chief. he has to worry about the forces, his own secretary of defense said we'll hollow out the forces and it will cost a lot of jobs of contractors, a lot of whom live in a state he wants, virginia. so he has to do something about this and it's unbelievable he would have offered the republicans a deal in which there are extra tax increases. republicans will do nothing and they should do nothing and demand if the president wants to avoid this, you do the cuts but do them somewhere else but no tax increases. >> charles lam, twice republicans have caved in to the demands of the white house and other democrats. do you think they'll do that again or will they do nothing? >> i prefer not to think of it as caving in. perhaps there's time for everyone to get reasonable. i agree with charles that the president's probabl
obama suggested it in negotiations in the debt ceiling in 2011 but now he doesn't want any domestic cuts. he's not somebody who wants cuts anywhere, anytime and this will be forced on him and on the pentagon cuts which he thought the republicans would avoid. he's the commander in chief. he has to worry about the forces, his own secretary of defense said we'll hollow out the forces and it will cost a lot of jobs of contractors, a lot of whom live in a state he wants, virginia. so he has to do...
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Oct 11, 2013
10/13
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. >> let's assume there is a deal, and there's an extension of the debt ceiling, and there's an ending of the government shutdown. negotiations will start on what? what would be acceptable to the democrats. what could they give? >> i think that there's two things. first of all, a lot of people are interested in structural tax reform. there was a debate that's been had since 2005 on ending subsidies to already profitable oil companies, and reinvesting that in clean energy. we are talking about renewing investments and education, a big effort to grow the economy. it's investing in jobs. there's a lot. the democrats can put a lot on the table in terms of growing the economy from the middle class out. it's a separate conversation than what to do about social security. where the options range from lifting the cap to doing the suggestions that paul ryan has. there's a lot going on there, but i think that there is a progressive message on saving the safety net lost in all this, and certainly the democratic voters are not willing to sacrifice earned benefits for the sake of reopening the gover
. >> let's assume there is a deal, and there's an extension of the debt ceiling, and there's an ending of the government shutdown. negotiations will start on what? what would be acceptable to the democrats. what could they give? >> i think that there's two things. first of all, a lot of people are interested in structural tax reform. there was a debate that's been had since 2005 on ending subsidies to already profitable oil companies, and reinvesting that in clean energy. we are...
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Oct 20, 2013
10/13
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republicans wanted the confrontation over reopening government and increasing the debt ceiling. they thought increasing the debt ceiling was such an important piece of legislation that they might be able to barter and get something for it. this sets a that precedent, what happened this week, in which we will not see this kind of governing anymore? they may have learned that -- about the balance of power when you have the president of one party? >> that is a really big question. think we are ever going to persuade the tea party caucus , this really reckless group, that they should not try again to shut down the government or should down the debt ceiling. the question is like other leaders in the house. are they going to step up and try to forge bipartisan compromise? they just commissions and report saying since the 2010 elections nineost the country hundred thousand jobs. these are self-inflicted wounds. we really hope they will get beyond that. that will depend on the leadership stepping up. one thing they could do is show that they are going to allow democracy to work in the h
republicans wanted the confrontation over reopening government and increasing the debt ceiling. they thought increasing the debt ceiling was such an important piece of legislation that they might be able to barter and get something for it. this sets a that precedent, what happened this week, in which we will not see this kind of governing anymore? they may have learned that -- about the balance of power when you have the president of one party? >> that is a really big question. think we...
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Oct 22, 2013
10/13
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end up being a good thing for congressional republicans. >> reporter: in the heated debt ceiling battle of 2011 the president's team designed a sequester as a hail mary option, its sledgehammer-like cuts across all discretionary spending, including defense, would be a pill so bitter, the thinking went, the republicans would cave in the talks, but neither side budged. sequester took hold and it was the president who ended up swallowing a bitter pill. >> these cuts are not smart. they are not fair. they will hurt our economy. they will add hundreds of thousands of americans to the unemployment roles. >> reporter: sequestration has been the law of the land now for seven months, the only mechanism that's blocked congress' access to the all you can eat bar of government spending. >> sequestration is better than sliced bread. it's the only thing that has prevented the government from growing larger over the last two years. >> reporter: touting a lower deficit the administration continues to protest continued sequestration. treasury secretary jack lew saying it's holding back the economy. repu
end up being a good thing for congressional republicans. >> reporter: in the heated debt ceiling battle of 2011 the president's team designed a sequester as a hail mary option, its sledgehammer-like cuts across all discretionary spending, including defense, would be a pill so bitter, the thinking went, the republicans would cave in the talks, but neither side budged. sequester took hold and it was the president who ended up swallowing a bitter pill. >> these cuts are not smart. they...
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Oct 17, 2013
10/13
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>> you know, we all do come together, and have our ideas this debt ceiling we'll be voting oi'm a no vote. i can't a the debt ceiling for so little in return, i'm looking to delay the individual mandate with obamacare. looking for more spending cuts, more of a process moving forward, i realize this is just a bridge to get us through, but i promised my constituents i am gets more for it and we're not, we have to tackle obamacare, that will be our driving debt, we have to get the budget together. charles: how do you handle it differently? you acknowledge early on this halting of the government was the wrong way to go. where are the battlefields you have legitimate leverage as a party to get some solv compromi. >> you pointed out shuts down the government is never a good strategy. i was against it and did all i could to keep the government open, one of the reason because we can't do over site in obamacare, we have to come up with common sense strategy, and look at things from a realistic perspective, i think this is a very important lesson that has been learned in this time period with
>> you know, we all do come together, and have our ideas this debt ceiling we'll be voting oi'm a no vote. i can't a the debt ceiling for so little in return, i'm looking to delay the individual mandate with obamacare. looking for more spending cuts, more of a process moving forward, i realize this is just a bridge to get us through, but i promised my constituents i am gets more for it and we're not, we have to tackle obamacare, that will be our driving debt, we have to get the budget...
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Jan 24, 2013
01/13
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not going to keep raising the debt ceiling at indicating that there will be steep cuts said. what is the chance of that? >> well, i hope the is right, but i fear he is wrong. i think that the current mood of the country is more sympathetic to the president and the democrats' perspective, which is that we don't really have a serious spending problem. we have a minor spending problem we can do with a little bit. we can raise taxes on high-income households a little bit more and we don't have to make fundamental cuts in entitlements. i think that's wrong. i think we have to make substantial cuts in entitlements. we should make substantial cuts in many other components of expenditure as well, defense and nondefense in that trying to address our long term fiscal situation with higher taxes is is going to destroy the economy. gerri: democrats are beating the drum on this already. anyone you listen to from that side of the house is really talking about higher taxes. republicans and conservatives in general like to talk about the power of economic growth. could robust growth that a l
not going to keep raising the debt ceiling at indicating that there will be steep cuts said. what is the chance of that? >> well, i hope the is right, but i fear he is wrong. i think that the current mood of the country is more sympathetic to the president and the democrats' perspective, which is that we don't really have a serious spending problem. we have a minor spending problem we can do with a little bit. we can raise taxes on high-income households a little bit more and we don't...
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Feb 28, 2013
02/13
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when we went through this debt ceiling battle, sequestration was a bad idea. kicking the can down the road. the president doesn't believe in this. he is not going to cut. >> is typically what happens in washington. they haven't come up with a solution. we have political gains and economic solutions. stamp your feet all you want. holger meeting on friday, the first. the the real danger is the matter of this requester. neil: a lot of people see that and do not know what david is talking about. he said it so eloquently. i think this chart even shows that we are not putting anything. we are just slightly curtailing the growth in government. it will just go a little bit less. so that gets us back to this notion of whether we can get a deal to avoid the sequestration or something that i am seeing. in the end, it's no big deal because we are still spending like drunken sailors. the market seems okay like that or ben bernanke is trying to rescue them from the fallout of that. but that is just a precarious foundation. >> nobody is seeing this as real cuts. we are heari
when we went through this debt ceiling battle, sequestration was a bad idea. kicking the can down the road. the president doesn't believe in this. he is not going to cut. >> is typically what happens in washington. they haven't come up with a solution. we have political gains and economic solutions. stamp your feet all you want. holger meeting on friday, the first. the the real danger is the matter of this requester. neil: a lot of people see that and do not know what david is talking...
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Oct 18, 2013
10/13
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meanwhile with the nation's debt ceiling topping $17 trillion, senate mi yourity leader rules out a shut down in the budget fight of the next few months. the tea party victory declared him a conservative and former alaska governor sarah palin is calling for shake-up that begins in kentucky with the reelection bid next year. brett? >> thanks, wendell. the former south carolina republican jim demint is president of the heritage foundation and the front lines of the opposition of the health care overhaul. he wrote an opinion piece on why he is not backing down. why heritage is not backing down. he joins us from greenful. >> i head your piece and seen the back and forth. a lot of people are asking what is the next step for republicans? it seems to be a split in the republican party on the fight against obama care. >> the conservatives around the country are united. what we have done over the last few months are go all over the country and help people understand what the law will do to them and as the stories continue to come out of how this is hurting people and jobs and health care and the
meanwhile with the nation's debt ceiling topping $17 trillion, senate mi yourity leader rules out a shut down in the budget fight of the next few months. the tea party victory declared him a conservative and former alaska governor sarah palin is calling for shake-up that begins in kentucky with the reelection bid next year. brett? >> thanks, wendell. the former south carolina republican jim demint is president of the heritage foundation and the front lines of the opposition of the health...
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Oct 3, 2013
10/13
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maybe we give them a clean cr with -- and then deal with the debt ceiling in getting the cuts, the real severe cuts we need to reduce our obligation and our debt, not only current debt but our future debt. >> there has been a lot of talk about the divide in the republican party. what has this shutdown done to the party, itself? >> well, i think we have a faction in our party like democrats have in their party. ours are more vocal at this point. there is more attention brought to the tea party republicans. but having said that, the principal that they are fighting for is right: the president's own law was amended by the president. extraordinarily and without his power. remember, the president, the only way the president can and a law is going through congress. the president exempted businesses for a year and republicans were saying, mr. president, if you exe businesses, why not the individual? the president brought this on, himself. >> it doesn't have anything to do with the budget. >> well y did the president exempt businesses? it has everything to do with the budget, john because there
maybe we give them a clean cr with -- and then deal with the debt ceiling in getting the cuts, the real severe cuts we need to reduce our obligation and our debt, not only current debt but our future debt. >> there has been a lot of talk about the divide in the republican party. what has this shutdown done to the party, itself? >> well, i think we have a faction in our party like democrats have in their party. ours are more vocal at this point. there is more attention brought to the...
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Sep 27, 2013
09/13
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spending cuts linked to the debt ceiling. the white house says no. a lot funnier. this is "way too early." >>> good morning. i'm brian shactman. it's friday, september 27th. i wanted to show a few headlines for mariano rivera. it was really awesome. we'll have the whole thing later on. this from "the daily news." exit sad man, which is enter sandman. this one from the "new york post," the greatest closure of all time. he's the greatest closer of all time. we'll show more of what he had to say a little bit later in t
spending cuts linked to the debt ceiling. the white house says no. a lot funnier. this is "way too early." >>> good morning. i'm brian shactman. it's friday, september 27th. i wanted to show a few headlines for mariano rivera. it was really awesome. we'll have the whole thing later on. this from "the daily news." exit sad man, which is enter sandman. this one from the "new york post," the greatest closure of all time. he's the greatest closer of all time....
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Feb 25, 2013
02/13
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. >> the next crisis after this one is the debt ceiling. so we go from one crisis to the next. it seems like this is how we do things, unfortunately, in this country right now. david jackson with u.s.a. today. thanks for your time. >> thank you. >> meantime, the federal judge is hear arguments on how much british petroleum will have to pay for the worst oil spill in u.s. history. 11 workers were killed. millions of gallons of oil spilled after a rig explosion in the gulf in 2010. bp says the environment tall disaster cost the company more than $24 billion. convince the court the company is liable for more than that. >>> another big snowstorm pounding the nation's midsection. kansas, oklahoma, parts of texas as well. blizzard-like conditions led schools to cancel classes. wind gusts up to 50 miles per hour, built large snow drifts. something they don't see too often. the intertait was shut down. no flights have been going in or out since sunday night. >>> snowstorms. >> you have to go to texas to get snow? >> the panhandle can be crazy. i have a friend that lives in dallas. he h
. >> the next crisis after this one is the debt ceiling. so we go from one crisis to the next. it seems like this is how we do things, unfortunately, in this country right now. david jackson with u.s.a. today. thanks for your time. >> thank you. >> meantime, the federal judge is hear arguments on how much british petroleum will have to pay for the worst oil spill in u.s. history. 11 workers were killed. millions of gallons of oil spilled after a rig explosion in the gulf in...
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Jan 6, 2013
01/13
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the issue that we need to cut spending and that we shouldn't just keep raising the debt ceiling. so those are the dynamics going into that fight. add into that that speaker boehner is in a somewhat weakened position coming out of a tighter than expected fight for him to be reelected speaker. he will be speaker again but had to overcome some dissension in his own ranks to get in that position. and it's not just the debt ceiling fight. rolled into that was the sequester, which was pushed back only two months as part of the fiscal cliff deal, and we have part of a government funding bill that's going to expire in march. we have a lot rolled into one fight here. >> we do, and we have another issue that we've got to keep our eyes on because, at the same time, david, "the washington post" has this article about the white house weighing a broad gun control agenda in the wake of the newtown shootings. vice president biden's task force reportedly considering these measures. it requires a universal background check for firearm buyers, tracking the movement and sale of weapons through a nat
the issue that we need to cut spending and that we shouldn't just keep raising the debt ceiling. so those are the dynamics going into that fight. add into that that speaker boehner is in a somewhat weakened position coming out of a tighter than expected fight for him to be reelected speaker. he will be speaker again but had to overcome some dissension in his own ranks to get in that position. and it's not just the debt ceiling fight. rolled into that was the sequester, which was pushed back...
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Jan 14, 2013
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ceiling, to negotiate on increasing spending cuts and should just increase this debt ceiling to not risk any problems with the u.s. economy. republicans will say that this white house, this president, had been unable to do those spending cuts that have been talked about for so long and that they need this leverage to be able to force this issue. so we are where we have been, at this standoff as you look live in the east room there, with the president about ready to come out and address reporters. jon: all right. here now, president obama for the final news conference of his first term. >> please have a seat, everybody. good morning. i thought it might make sense to take some questions this week as my first term comes to an end. it's been a busy and productive four years and i expect the same for the next four years. i intend to carry out the agenda that i campaigned on, an agenda for new jobs, new opportunity, and new security for the middle class. now right now our economy is growing, and our businesses are creating new jobs. so we are poised for a good year, if we make smart decis
ceiling, to negotiate on increasing spending cuts and should just increase this debt ceiling to not risk any problems with the u.s. economy. republicans will say that this white house, this president, had been unable to do those spending cuts that have been talked about for so long and that they need this leverage to be able to force this issue. so we are where we have been, at this standoff as you look live in the east room there, with the president about ready to come out and address...
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Mar 1, 2013
03/13
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when you looked at the debt ceiling crisis, the default position was, oh, my god, the full faith and credit of the united states is on the line so they did something about it. fiscal crisis, january 1, they did something about the fiscal cliff because everybody's taxes were going to go up. the crisis on that continuing resolution at the end of march is that the government would shut down, republicans have had bad experiences with that in the past politically when the government shut down, when newt gingrich was speaker of the house, they don't want to go through that again. nobody wants the government to shut down. this particular crisis we're in right now, republicans and some democrats are making a bet that it's not the end of the world urks they wi, they'll find a way to deal with this in the short term and long term try to fix the next fiscal crisis coming up and i have a sense that there's something that can be done on that looming crisis at the end of the month so they can put it all together and come up with some kind of a deal. but maybe i'm just being kind of optimistic here
when you looked at the debt ceiling crisis, the default position was, oh, my god, the full faith and credit of the united states is on the line so they did something about it. fiscal crisis, january 1, they did something about the fiscal cliff because everybody's taxes were going to go up. the crisis on that continuing resolution at the end of march is that the government would shut down, republicans have had bad experiences with that in the past politically when the government shut down, when...
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Jan 20, 2013
01/13
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the tax cut deal, the big fights over the budget and the dealt ceiling and deficit -- the debt ceiling, deficit reduction, also the bin laden raid and what happened in egypt and libya. and so i'm looking at how obama made the decisions he made and took -- why he took the actions he took in that very pear rillous time -- perilous time for him politically. but i also explained how this is all done in a way to set up the 2012 campaign that we just went through. he had a theory, after he took that big hit in 2010, he had a theory that he could make the 2012 race a choice not just between him and mitt romney, but a choice between different ideologies, different approaches to government, between different sets of visions and values. and everything he did, um n that time frame he kept trying to tether to this big idea he had about a choice. and when i wrote
the tax cut deal, the big fights over the budget and the dealt ceiling and deficit -- the debt ceiling, deficit reduction, also the bin laden raid and what happened in egypt and libya. and so i'm looking at how obama made the decisions he made and took -- why he took the actions he took in that very pear rillous time -- perilous time for him politically. but i also explained how this is all done in a way to set up the 2012 campaign that we just went through. he had a theory, after he took that...
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Oct 14, 2013
10/13
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they are really dead set against not giving an extension to this debt ceiling without substantive cuts to match dollar for dollar. you know, we might be in a little of a position in the next day or on so, like on friday, a deal doesn't actually materialize. >> that's always a possibility. you know, greg, i keep thinking that ben bernanke when they didn't taper, caught everybody offguard. anymore he's looking like a genius because his fear was exactly what's going on right now with all the debt ceiling wrangling, right? >> yeah. he cited a couple reasons why they didn't taper. number one, the latest economic data hadn't looked very good. number two, they were worried about the rise in bond yields that unfolded over the summer. number three, precisely this. the wrangling going on in washington. the interesting thing is if you clear out this underbrush from the political theater in the next few days, you're basically back to fundamentals. the question facing the fed when they get together at the end of this month, enough change they feel comfortable enough to go ahead? i think they'll loo
they are really dead set against not giving an extension to this debt ceiling without substantive cuts to match dollar for dollar. you know, we might be in a little of a position in the next day or on so, like on friday, a deal doesn't actually materialize. >> that's always a possibility. you know, greg, i keep thinking that ben bernanke when they didn't taper, caught everybody offguard. anymore he's looking like a genius because his fear was exactly what's going on right now with all the...
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Jan 2, 2013
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the debt ceiling raise. in exchange republicans will push for more spending cuts. here is senator shelby. >> this will be part of the legacy, the failure to step up ld have brought leadership he to the table. he didn't. now he wants to talk about cutting spending? it is a joke. >>reporter: everyone in washington has been in a battle overtime fiscal cliff but get ready because when the president comes back from hawaii we have the debt ceiling that will reach the limit in the next few weeks and that will be an even bigger battle. >>greg: better enjoy the tranquility in hawaii. >> the fiscal cliff deal is giving a nice boost to wall street. look at this. this is the 401(k), traders enjoy it while they can, up 250 points. and gerri willis is here with us now. i am getting the sense that traders could be myopic. >>gerri: last week the markets traded lower and now they rise on little volume. but it is yet to be seen where they will go. as you have been discussing we will be up against it. however, the dow is up 2
the debt ceiling raise. in exchange republicans will push for more spending cuts. here is senator shelby. >> this will be part of the legacy, the failure to step up ld have brought leadership he to the table. he didn't. now he wants to talk about cutting spending? it is a joke. >>reporter: everyone in washington has been in a battle overtime fiscal cliff but get ready because when the president comes back from hawaii we have the debt ceiling that will reach the limit in the next few...
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Mar 28, 2013
03/13
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you want a debt ceiling increase? cut spending two and a half trillion -- >> sorry, i don't mean that part, but the public relations aspect of it. >> yeah. well, yes, the establishment press tells you what a bad idea it is to have a budget idea without a tax increase. that's true, a given. they always will. we go back to the american people saying our job is to protect you from their tax increases and from their overspending. that's -- you never get to win that fight. you manage it, and you fight it every single day as long as the left keeps demanding more of other people's lives and income. >> without a doubt, you must feel so much better now than you did a couple months ago. the president's approval rating has been falling like a rock in large part because a lot of people who were promised they wouldn't get a tax hike got a tax hike, the payroll tax hike, and people say, to your point, that maybe, you know, it's not all about taxing, but we need to find ways to cut spending. you must be feeling a lot better now than
you want a debt ceiling increase? cut spending two and a half trillion -- >> sorry, i don't mean that part, but the public relations aspect of it. >> yeah. well, yes, the establishment press tells you what a bad idea it is to have a budget idea without a tax increase. that's true, a given. they always will. we go back to the american people saying our job is to protect you from their tax increases and from their overspending. that's -- you never get to win that fight. you manage it,...
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Jan 6, 2013
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we've yet to cut one dime from the debt ceiling agreement and now time to do it again. we have to stop the madness. >> molly: chris van hollen it's reckless and irresponsible not to pay bills that are due. >> jamie: thanks, molly. >> gregg: president obama signing that $9.7 billion super storm sandy aid bill into law. it increases the federal emergency management agency's borrowing. fema had warned it would run out of funds if congress didn't step in to help soon. a larger and more comprehensive aid package still in the air. john boehner voting to on it next week. >> jamie: a rare public appearance of assad addressing torn nation. for first time in six months. leland vitter has more. >> this speech is a combination of the same old, same old, all the rebels are terrorists. we're going to continue to fight and win this war, but it also provided a little bit of diplomatic cover not only for the syrians but also for their allies so the russians can now say, look, assad offered a peace plan and rebels won't talk. they would call it optics and they are important here. assad t
we've yet to cut one dime from the debt ceiling agreement and now time to do it again. we have to stop the madness. >> molly: chris van hollen it's reckless and irresponsible not to pay bills that are due. >> jamie: thanks, molly. >> gregg: president obama signing that $9.7 billion super storm sandy aid bill into law. it increases the federal emergency management agency's borrowing. fema had warned it would run out of funds if congress didn't step in to help soon. a larger and...
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Aug 26, 2013
08/13
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. >> what about the boehner rule, that any increase in the debt ceiling has to be accompanied by a spending cut? he said that again recently of course, he said that two years ago. >> the white house wants to pass a clean debt limit, but boehner is under immense pressure. he needs a deal that either has something like change cpi entitlement reforms or as you say, has some spending cuts attached. >> the discretionary money runs out september 31st, october? september 30th, i beg your pardon. october 1st, the government will either have no money for discretionary spending, or they will. so does the cr, the continuing resolution is that where policy decisions will be made even before we get to this debt deal you're describing? >> very doubtful. this is confusioning for even us reporters in washington, but boehner is playing a chess game. he has to pick a fight with the debt limit or with the continuing resolution. from what i hear, he's going to use a debt limit to wring concessions out of the white house. why not the cr? that could lead to a government shutdown, and the presentation of that, th
. >> what about the boehner rule, that any increase in the debt ceiling has to be accompanied by a spending cut? he said that again recently of course, he said that two years ago. >> the white house wants to pass a clean debt limit, but boehner is under immense pressure. he needs a deal that either has something like change cpi entitlement reforms or as you say, has some spending cuts attached. >> the discretionary money runs out september 31st, october? september 30th, i beg...
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Jan 7, 2013
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economic counted down clock is ticking down on the next potential crisis over the debt ceiling and sequester cuts. today an interview that raised eyebrows all over the city especially among republicans. correspondent shannon bream reports on the inside look on president's spending. >> with the last fiscal deal they are gearing up. as one of the key players talk about what happened the last time around. in an interview, house speaker says, quote at one point several weeks ago the president said to me, we don't have a spending problem. boehner says he was stunned and repeatedly push the issue with the president. he says mr. obama grew irritated and said i am tired hearing you say that. there is no give to the president's advantage and he won't hold any more closed door meetings with the president because he called it futile. the president vowed there will be no debate whether to raise the nation's already exceeded debt ceiling. a key thing that republicans will give them much better positioning as the u.s. hovered dangerously close to the fiscal cliff. the two sides don't agree whether tax rev
economic counted down clock is ticking down on the next potential crisis over the debt ceiling and sequester cuts. today an interview that raised eyebrows all over the city especially among republicans. correspondent shannon bream reports on the inside look on president's spending. >> with the last fiscal deal they are gearing up. as one of the key players talk about what happened the last time around. in an interview, house speaker says, quote at one point several weeks ago the president...
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Sep 19, 2013
09/13
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. >> you have never seen in the history of the united states the debt ceiling or the threat of not raising the debt ceiling being used to extort. >> will washington, both sides, jeopardize your job and the economic recovery just to score political points? the new twists in budget brinksmanship that might turn your stomach this morning. >> that doesn't sound good. >>> colorado on the long, long road to recovery. rebuilding after the floods expected to take years and cost hundreds of millions of dollars as well. we are going to show you how residents are coping while they wait. >>> high-speed chase comes to a crashing conclusion on a south florida highway. the drama does not end there. >> nope. >>> welcome back to "early start." i'm zoraida sambolin. >> i'm john berman. great to see you. >>> 31 minutes after the hour. >>> this morning, with the spark miles card from capital one, bjorn earns unlimited rewards for his small business. take these bags to room 12 please. [ garth ] bjorn's small business earns double miles on every purchase every day. produce delivery. [ bjorn ] just put it on my
. >> you have never seen in the history of the united states the debt ceiling or the threat of not raising the debt ceiling being used to extort. >> will washington, both sides, jeopardize your job and the economic recovery just to score political points? the new twists in budget brinksmanship that might turn your stomach this morning. >> that doesn't sound good. >>> colorado on the long, long road to recovery. rebuilding after the floods expected to take years and...
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Sep 29, 2013
09/13
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ceiling, put extra cuts in. they want to see more cuts, that we had another poll that showed the majority of americans want republicans to stop this stuff with obamacare. if you take them together with -- what the poll indicates is that the american public wants the people in washington to cut out the brinksmanship, the gamesmanship, and the threats, and sit down and do their jobs. , theerwhelmingly, nina democrats had seemed unified on this, and the division has been within the republican ranks to the point of ted cruz accusing other republican senate colleagues of being many neville chamberlain said munich. >> john mccain, in five minutes, and decapitated him on that. 40-to-60arkable that house members within the republican majority can prevent a continuing resolution from keeping the federal government going, and that the speaker, the majority leader, the majority whip in the house, do not have the -- this is family television, to take it to a vote -- >> backbone. >> backbone, thank you. >> close. >> close. >
ceiling, put extra cuts in. they want to see more cuts, that we had another poll that showed the majority of americans want republicans to stop this stuff with obamacare. if you take them together with -- what the poll indicates is that the american public wants the people in washington to cut out the brinksmanship, the gamesmanship, and the threats, and sit down and do their jobs. , theerwhelmingly, nina democrats had seemed unified on this, and the division has been within the republican...
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Oct 15, 2013
10/13
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for us not to hit that official deadline for the debt ceiling. >> they wouldnese every u.s. senator -- womb neeu.s.sense --. senator. if we have one senator who wanted to block this, they could likely do that it takes so long to getting any done in the senate, the house is different, you could get something done quickly, but where speed is the problem in senate, the votes are probably the problem in the house, there are a number of republican house members who looked at details that we've been reporting, saying they don't like the deal that much, there is no firm guarantee from house speaker he would put it on the floor. he might but not confirmed. charles: rich, have you been doing great work, we'll nidal the help we can get from you it could, folks, thanks for watching. on "the willis rept." tens of millions of americans rely and social security are in for a shock to raise will not even by half a tank of gas. a new way to save u.s. postal service now say it is time f the ipo inducer way to get the cash from the atm with no card. we are watchin out for you. tonight to. gerr
for us not to hit that official deadline for the debt ceiling. >> they wouldnese every u.s. senator -- womb neeu.s.sense --. senator. if we have one senator who wanted to block this, they could likely do that it takes so long to getting any done in the senate, the house is different, you could get something done quickly, but where speed is the problem in senate, the votes are probably the problem in the house, there are a number of republican house members who looked at details that we've...